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Friday, 06 July 18
INDIA: GOVT TO RELAX CURBS ON INDIAN FIRMS CHARTERING FOREIGN SHIPS - HINDU BUSINESS LINE
 The Ministry of Shipping is clearly in reform mode. On the heels of the recent relaxation of the cabotage law, which allows foreign flag vessels to operate in Indian waters, it is now set to allow Indian players to charter foreign flag carriers without any pre-conditions.
At present, a foreign ship is allowed to be chartered only — among other conditions — if a suitable Indian ship is unavailable for that purpose at reasonable charter rates.
In fact, the entire chartering rule book is set to see a significant simplification. These measures will increase the shipping capacity in the country, bring down the cost of transportation along the coast and eventually encourage coastal shipping. At present, only 100 million tonnes of cargo is moved along the coast in India, and 80 per cent of it comprises petroleum products, coal and iron ore.
“While we were relaxing cabotage rules, we found restrictive practices in the chartering of foreign vessels. We need to correct this quickly,” Shipping Secretary Gopal Krishna told BusinessLine.
At present, the number of ships available at the right price to carry cargo (both domestic and export-import) along the coast is inadequate, thanks to which people take either the road or rail route. “Once we have ships available at cheaper rates, we will encourage coastal shipping and the overall logistics cost will reduce significantly,” Gopal Krishna said.
An ‘Uber’ for ships
The overall easing of chartering rules, he felt, would give a fillip to entrepreneurship in the sector.
“By opening up, we give chance to our entrepreneurs who do not have enough funds to buy ships to come into the business by chartering a vessel,” he said.
The idea is similar to cab aggregation, which does not require an entrepreneur to own vehicles. “Our attempt is to increase shipping capacity, and a lot of cargo will move on our coast,” he said.
Source: The Hindu Business Line
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Friday, 06 July 18
COAL PRICES HAVE REMAINED STRONG BUT ARE SET TO DECLINE - NAB
Coal spot prices have been highly volatile in recent years, with an upward trend since recent lows in April 2018, National Australia Bank says in i ...
Friday, 06 July 18
HOW FLEET SIZE, CORPORATE PROFILE AND STRATEGY ARE DECIDING FACTORS IN SELECTING AN APPROPRIATE FINANCING STRATEGY - PWC
KNOWLEDGE TO ELEVATE
The challenges that shipping companies are facing when selecting an appropriate financing strategy during the current per ...
Friday, 06 July 18
AUSTRALIAN NEWCASTLE SPOT COAL PRICES HIT $120 FOR 1ST TIME SINCE 2012 - REUTERS
Australian thermal coal prices have broken through $120 per tonne for the first time since 2012, driven up by strong consumption in Asia and spot m ...
Thursday, 05 July 18
WHAT THE FAILED GLENCORE-TOHOKU COAL TALKS MEAN FOR THE MARKET - REUTERS
Electric utilities in Japan and other Asian countries are driving blind when it comes to coal prices after the failure of Japan’s Tohoku Elec ...
Thursday, 05 July 18
INDONESIAN COAL PRICE REFERENCE HITS 74 MONTHS HIGH OF $104.65 A TON
COALspot.com: HBA keeps rising. According to latest ministerial decree No.1892 K/30/MEM/2018 dated 2 July 2018, the Indonesian Coal Price Reference ...
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- PowerSource Philippines DevCo
- Krishnapatnam Port Company Ltd. - India
- Directorate General of MIneral and Coal - Indonesia
- Tamil Nadu electricity Board
- Thiess Contractors Indonesia
- Meralco Power Generation, Philippines
- Cement Manufacturers Association - India
- Sree Jayajothi Cements Limited - India
- European Bulk Services B.V. - Netherlands
- Mjunction Services Limited - India
- Port Waratah Coal Services - Australia
- Kalimantan Lumbung Energi - Indonesia
- Mintek Dendrill Indonesia
- Eastern Coal Council - USA
- Bharathi Cement Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Heidelberg Cement - Germany
- Wilmar Investment Holdings
- Karbindo Abesyapradhi - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Baramulti Group, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rashtriya Ispat Nigam Limited - India
- Ceylon Electricity Board - Sri Lanka
- Gujarat Mineral Development Corp Ltd - India
- Coalindo Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Australian Coal Association
- Vizag Seaport Private Limited - India
- Ministry of Mines - Canada
- Africa Commodities Group - South Africa
- Aditya Birla Group - India
- Jorong Barutama Greston.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Dalmia Cement Bharat India
- Kepco SPC Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- VISA Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Thai Mozambique Logistica
- Cigading International Bulk Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Indika Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Makarim & Taira - Indonesia
- PTC India Limited - India
- Bhatia International Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Chettinad Cement Corporation Ltd - India
- Videocon Industries ltd - India
- Metalloyd Limited - United Kingdom
- TeaM Sual Corporation - Philippines
- Oldendorff Carriers - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- CIMB Investment Bank - Malaysia
- Formosa Plastics Group - Taiwan
- Agrawal Coal Company - India
- Vijayanagar Sugar Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- New Zealand Coal & Carbon
- Coastal Gujarat Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Riau Bara Harum - Indonesia
- Orica Mining Services - Indonesia
- London Commodity Brokers - England
- OPG Power Generation Pvt Ltd - India
- Latin American Coal - Colombia
- Xindia Steels Limited - India
- Directorate Of Revenue Intelligence - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Therma Luzon, Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Vedanta Resources Plc - India
- Commonwealth Bank - Australia
- International Coal Ventures Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Sakthi Sugars Limited - India
- Central Java Power - Indonesia
- Essar Steel Hazira Ltd - India
- ICICI Bank Limited - India
- Electricity Authority, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- Georgia Ports Authority, United States
- India Bulls Power Limited - India
- Gujarat Sidhee Cement - India
- Indian Energy Exchange, India
- South Luzon Thermal Energy Corporation
- Interocean Group of Companies - India
- Global Business Power Corporation, Philippines
- Energy Development Corp, Philippines
- Karaikal Port Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Edison Trading Spa - Italy
- Pendopo Energi Batubara - Indonesia
- Malabar Cements Ltd - India
- Medco Energi Mining Internasional
- Bayan Resources Tbk. - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Singapore Mercantile Exchange
- Samtan Co., Ltd - South Korea
- Power Finance Corporation Ltd., India
- Bulk Trading Sa - Switzerland
- Star Paper Mills Limited - India
- LBH Netherlands Bv - Netherlands
- SN Aboitiz Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Independent Power Producers Association of India
- Bukit Makmur.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- Coal and Oil Company - UAE
- Parry Sugars Refinery, India
- Indogreen Group - Indonesia
- Barasentosa Lestari - Indonesia
- Borneo Indobara - Indonesia
- Minerals Council of Australia
- Central Electricity Authority - India
- Sinarmas Energy and Mining - Indonesia
- Attock Cement Pakistan Limited
- Petrochimia International Co. Ltd.- Taiwan
- McConnell Dowell - Australia
- Electricity Generating Authority of Thailand
- Romanian Commodities Exchange
- Savvy Resources Ltd - HongKong
- Parliament of New Zealand
- Sarangani Energy Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Mercator Lines Limited - India
- Alfred C Toepfer International GmbH - Germany
- Global Green Power PLC Corporation, Philippines
- Siam City Cement - Thailand
- Sindya Power Generating Company Private Ltd
- Carbofer General Trading SA - India
- Antam Resourcindo - Indonesia
- Jaiprakash Power Ventures ltd
- Kapuas Tunggal Persada - Indonesia
- ASAPP Information Group - India
- Kobexindo Tractors - Indoneisa
- Salva Resources Pvt Ltd - India
- Sojitz Corporation - Japan
- Meenaskhi Energy Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- Merrill Lynch Commodities Europe
- Altura Mining Limited, Indonesia
- Marubeni Corporation - India
- The Treasury - Australian Government
- Lanco Infratech Ltd - India
- Australian Commodity Traders Exchange
- Indian Oil Corporation Limited
- Trasteel International SA, Italy
- Mercuria Energy - Indonesia
- Eastern Energy - Thailand
- Semirara Mining and Power Corporation, Philippines
- Grasim Industreis Ltd - India
- CNBM International Corporation - China
- Larsen & Toubro Limited - India
- White Energy Company Limited
- Holcim Trading Pte Ltd - Singapore
- Sical Logistics Limited - India
- Chamber of Mines of South Africa
- Wood Mackenzie - Singapore
- Jindal Steel & Power Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Petron Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Planning Commission, India
- Economic Council, Georgia
- Banpu Public Company Limited - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Indonesian Coal Mining Association
- Kohat Cement Company Ltd. - Pakistan
- PetroVietnam Power Coal Import and Supply Company
- Ind-Barath Power Infra Limited - India
- Tata Chemicals Ltd - India
- Straits Asia Resources Limited - Singapore
- SMC Global Power, Philippines
- Posco Energy - South Korea
- Simpson Spence & Young - Indonesia
- SMG Consultants - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Uttam Galva Steels Limited - India
- Bangladesh Power Developement Board
- Renaissance Capital - South Africa
- Goldman Sachs - Singapore
- Deloitte Consulting - India
- Orica Australia Pty. Ltd.
- IHS Mccloskey Coal Group - USA
- GMR Energy Limited - India
- Iligan Light & Power Inc, Philippines
- MS Steel International - UAE
- Ministry of Finance - Indonesia
- Binh Thuan Hamico - Vietnam
- Madhucon Powers Ltd - India
- Siam City Cement PLC, Thailand
- Toyota Tsusho Corporation, Japan
- Standard Chartered Bank - UAE
- Aboitiz Power Corporation - Philippines
- Anglo American - United Kingdom
- Intertek Mineral Services - Indonesia
- Bhoruka Overseas - Indonesia
- Rio Tinto Coal - Australia
- Ambuja Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- The State Trading Corporation of India Ltd
- Kaltim Prima Coal - Indonesia
- Ministry of Transport, Egypt
- TNB Fuel Sdn Bhd - Malaysia
- Globalindo Alam Lestari - Indonesia
- Bhushan Steel Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- The University of Queensland
- Global Coal Blending Company Limited - Australia
- PNOC Exploration Corporation - Philippines
- Manunggal Multi Energi - Indonesia
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